Federal National Mortgage Association (FNMA)
| Market Cap | 2.17B |
| Revenue (ttm) | 22.64B |
| Net Income (ttm) | 14.08B |
| Shares Out | 5.87B |
| EPS (ttm) | 0.01 |
| PE Ratio | 155.83 |
| Forward PE | n/a |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | January 15 |
| Last Price | $1.87 |
| Previous Close | $2.03 |
| Change ($) | -0.16 |
| Change (%) | -7.88% |
| Day's Open | 1.95 |
| Day's Range | 1.85 - 1.97 |
| Day's Volume | 26,206,961 |
| 52-Week Range | 1.26 - 3.69 |
‘Until the Enterprises can raise private capital, they are at risk of failing in the next housing crisis,' Federal Housing Finance Agency Director Mark Calabria said, in announcing the agreement.
The Federal Housing Finance Agency and the Treasury Department have reached an agreement that will allow Fannie Mae [s:FNMA] and Freddie Mac [s:FMCC] to keep their earnings for the foreseeable...
WASHINGTON, Jan. 14, 2021 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) provided $76 billion in financing to support the multifamily market in 2020, the highest volume in the history of its 32-year...
WASHINGTON, Jan. 8, 2021 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced a $759 million Multifamily DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program...
Fannie and Freddie have been in conservatorship 4,500+ days now, since September 7, 2008. Actual effort was never really put into ending the conservatorships until March 27, 2019 when the Whit...
WASHINGTON, Dec. 30, 2020 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) November 2020 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly ...
Fannie Mae and Freddie Mac are unable to raise third-party capital without a SPSPA Amendment and are rapidly reaching their capital buffers. If not all the preconditions for the SPSPA modifica...
WASHINGTON, Dec. 23, 2020 /PRNewswire/ -- To continue to assist renters in multifamily units and support Fannie Mae-financed multifamily property owners experiencing difficulties during this p...
WASHINGTON, Dec. 17, 2020 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today highlighted the achievement of key milestones, as it continues advancing the mortgage market's readiness for the antici...
A framework for the recapitalization and release of Fannie Mae and Freddie Mac from conservatorship is on Treasury Secretary Steven Mnuchin's desk.
‘We're going to not do anything that jeopardizes taxpayers and puts them at additional risk,' the Treasury Secretary told The Wall Street Journal in an exclusive interview.
Shares of Fannie Mae (FNMA) and Freddie Mac (FMCC) dropped nearly 25% on Tuesday following a report that Treasury Secretary Steven Mnuchin appears to have given up on the idea of obtaining a c...
U.S. Supreme Court justices on Wednesday questioned a bid by shareholders of Fannie Mae and Freddie Mac to pursue legal claims arising from the government's rescue of the mortgage finance firm...
The mortgage giants are stimulating the economy by keeping home loans flowing --- something the private sector didn't do during the 2008 financial crisis.
Fannie and Freddie's critics seem to incorrectly think that Fannie and Freddie need to raise money and exit conservatorship before inauguration or Biden will nationalize them. Fannie and Fredd...
WASHINGTON, Dec. 4, 2020 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced a $595 million Multifamily DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program...
In an appearance on Capitol Hill this week, Treasury Secretary Steven Mnuchin emphasized that Fannie and Freddie should have ‘appropriate capital' before ending government control.
WASHINGTON, Nov. 30, 2020 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) October 2020 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly a...
Fannie Mae and Freddie Mac have seen their valuations climb in the days since the Federal Housing Finance Agency finalized the capital rule for them. Common shares of both government-sponsored...
Fannie and Freddie's regulator is reportedly considering an attempt to end government control over the mortgage giants before Joe Biden enters the White House.
Shares of Fannie Mae (FNMA) and Freddie Mac (FMCC) gained more than 25% on Friday following a report that Mark Calabria, the head of the Federal Housing Finance Agency (FHFA), is pressing Trea...
FHFA, Fannie and Freddie will now turn to how the companies will be able to raise hundreds of billions of dollars needed to meet the new capital requirements. According to Bloomberg, an FHFA o...
WASHINGTON, Nov. 19, 2020 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) has been named a top company for inclusion by the National Business Inclusion Consortium (NBIC), a coalition formed by the Na...
WASHINGTON, Nov. 16, 2020 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its eighteenth reperforming loan sale transaction. The deal, which was announced on October 15...
WASHINGTON, Nov. 13, 2020 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced a $783 million Multifamily DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) progra...
In recent weeks, former Freddie Mac CEO Don Layton wrote two monographs about Fannie Mae and Freddie Mac privatization and GSE reform. Analyst Dick Bove of Odeon Capital read those monographs ...
The capital rule is set to be imminently finalized which sets off a chain of events that is contingent on Treasury's Mnuchin agreeing to a PSPA modification or bust. Once finalized, FHFA direc...
WASHINGTON, Nov. 4, 2020 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced that Sheila C. Bair will succeed Jonathan Plutzik as Chair of Fannie Mae's Board of Directors, effective Novem...
Analyst Dick Bove of Odeon Capital has long been arguing against buying the common shares of Fannie Mae and Freddie Mac, but his latest argument in favor of housing reform could offer reasons ...
WASHINGTON, Oct. 30, 2020 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) September 2020 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly...
Federal National Mortgage Association's (FNMA) CEO Hugh Frater on Q3 2020 Results - Earnings Call Transcript
WASHINGTON, Oct. 29, 2020 /PRNewswire/ -- Fannie Mae (FNMA/OTCQB) today reported its third quarter 2020 financial results and filed its third quarter 2020 Form 10-Q with the Securities and Exc...
WASHINGTON, Oct. 26, 2020 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced its 2021 Benchmark Securities® Issuance Calendar (PDF). The calendar provides opportunities for investors and...
WASHINGTON, Oct. 26, 2020 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced plans to report its third quarter 2020 financial results on Thursday morning, October 29, 2020, before the op...
One of the reasons to invest in Fannie Mae and Freddie Mac is because they will soon be out of government control in the form of their conservatorships. However, there's no denying that Fannie...
SCOTUS has scheduled the Collins oral argument for December 9, 2020. I believe the government will want to settle Collins before this date. What might this settlement look like? The settlement...
WASHINGTON, Oct. 16, 2020 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced a $536 million Green Multifamily DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) ...
WASHINGTON, Oct. 15, 2020 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today began marketing its eighteenth sale of reperforming loans as part of the company's ongoing effort to reduce the size of...
Could Congress get involved in the efforts to free Fannie Mae and Freddie Mac from conservatorship? A letter that was sent by two senators to Treasury Secretary Steven Mnuchin and Federal Hous...
Some have argued that if President Donald Trump loses the election, Fannie Mae (FNMA) and Freddie Mac (FMCC) will be left in conservatorship instead of recapitalized and released. However, Tim...
WASHINGTON, Sept. 30, 2020 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) August 2020 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly a...
The Supreme Court has decided to hear the Collins case lawsuit involving Fannie Mae (FNMA) and Freddie Mac (FMCC) in December. That lawsuit could provide some major breakthroughs for all the l...
Last week, the Financial Stability Oversight Council formally acknowledged that Fannie Mae and Freddie Mac, the two housing finance giants that imploded in 2008, pose a risk to the financial s...
Calabria Uses Law To Stabilize GSE Earnings In Front Of Final Capital Rule
WASHINGTON, Sept. 16, 2020 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) is reminding those impacted by Hurricane Sally and the West Coast Wildfires of available mortgage assistance and disaster re...
Since the Federal Housing Finance Agency proposed the capital rule for Fannie Mae and Freddie Mac at 4%, the housing finance market has been in an uproar
After holding flat for a couple of weeks, the number of borrowers in government and private sector coronavirus-related mortgage bailout programs saw a much bigger improvement than expected.
About FNMA
Federal National Mortgage Association provides a source of financing for mortgages in the United States. It securitizes mortgage loans originated by lenders into Fannie Mae mortgage-backed securities (Fannie Mae MBS). The company operates in two segments, Single-Family and Multifamily. The Single-Family segment securitizes and purchases single-family fixed-rate or adjustable-rate, first-lien mortgage loans, or mortgage-related securities backed by these loans; and loans that are insured by Federal Housing Administration, loans guaranteed by the... [Read more...]
| Industry Mortgage Finance | Founded 1938 |
| CEO Hugh Frater | Employees 7,500 |
| Stock Exchange OTCMKTS | Ticker Symbol FNMA |
Financial Performance
In 2019, FNMA's revenue was $25.71 billion, a decrease of -5.88% compared to the previous year's $27.31 billion. Earnings were $14.16 billion, a decrease of -11.27%.
Analyst Forecasts
The average 12-month stock price forecast for FNMA is 1.90, which is an increase of 1.60% from the latest price.